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ECOWAS: Germany Commits $86 Million to West Africa

ECOWAS: Germany Commits $86 Million to West Africa (News Central TV)

Germany has made a significant commitment of 81 million euros, equivalent to approximately $85.9 million, to support the Economic Community of West African States (ECOWAS) in its endeavours to promote peacebuilding and foster economic development within the region.

This pledge was formally announced on Friday by Germany’s Development Minister, Svenja Schulze, during a meeting held in Berlin with a delegation from ECOWAS.

Minister Schulze underscored the paramount importance of regional solutions in addressing the ongoing crises in West Africa. She commended the group for not only actively mediating conflicts but also for its extensive efforts in conflict prevention.

Nigerian President Bola Tinubu (left), chair of ECOWAS, interacts with ECOWAS Commission President Omar Touray during the bloc’s extraordinary session in Abuja, Nigeria, on Aug. 10. KOLA SULAIMON/AFP VIA GETTY IMAGES

The financial support extended by Germany is anticipated to fortify ECOWAS’s initiatives aimed at upholding peace and facilitating sustainable economic progress across its member states. These contributions will further underscore the organisation’s role in tackling the myriad challenges faced by West African nations.

ECOWAS, with its unwavering commitment to regional cooperation and conflict resolution, assumes a pivotal role in promoting stability and development in the region. Germany’s substantial financial backing underscores the nation’s dedication to enhancing these endeavours and collaborating closely with ECOWAS to address the urgent issues affecting West Africa.

These funds are slated to be directed towards various projects and programmes within ECOWAS that are dedicated to conflict prevention, peacekeeping, and economic development. Ultimately, this support will contribute to the overall prosperity and stability of the West African region.

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